March 2, 2007
Economic activity in the manufacturing sector expanded in February, according to the latest Manufacturing Report on Business from the Institute for Supply Management (ISM).
"February proved to be a good month
February 28, 2007
Federal Reserve Chairman Ben Bernanke told Congress Wednesday that U.S. economic growth is in line with expectations and there's still a reasonable possibility that we'll see a rebound later this year.
February 27, 2007
The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 3.6 percent in January after surging a revised 6.2 percent in December.
February 14, 2007
There are signs that inflation is moderating, but a wary Federal Reserve Board isn't likely to adjust interest rates any time soon, according to testimony by Chairman Ben Bernank
February 1, 2007
The Federal Reserve announced Wednesday that it will leave interest rates where they are, at least for the time being. "Recent indicators have suggested somewhat firmer economic growth
January 31, 2007
The U.S. economy grew at an annual rate of 3.5 percent in the fourth quarter of 2006, outpacing predictions by most economists, according to preliminary estimates by the U.S. Department of Commerce.
January 9, 2007
Conditions appear to be in place for a good year for the U.S. economy, which is likely to be marked by moderate, sustainable growth and lower inflation, Federal Reserve Board Vice Chairman Donald Kohn recently told the Atlanta Rotary Club.
Manufacturing activity expanded in December following a decline the previous month, according to the latest manufacturing Report on Business issued by the Institute of Supply Management.
January 4, 2007
New orders for manufactured goods in November were up 0.9 percent from October, according to the U.S. Commerce Dept. This followed a 4.5 percent decrease in October.
December 28, 2006
The American Trucking Associations’ advanced seasonally adjusted for-hire Truck Tonnage Index plunged 3.6 percent in November after falling 1.9 percent in October.
December 20, 2006
Real gross domestic product (GDP) slowed during the third quarter of 2006 and inflation abated, according to preliminary estimates by the U.S. Bureau of Economic Analysis. Real GDP increased 2.2 percent compared to 2.6 percen
December 13, 2006
November retail sales were 1 percent higher than the previous month and up 5.6 percent from last year, according to data released Wednesday by the U.S. Census Bureau. Excluding automobiles, retail sales were up 1.1 percent
There may be a light at the end of the tunnel, but even if sales are turning around, the worst is yet to come, say Global Insight analysts Patrick Newport and Margaret Rolley. The Mortgage Bankers Association’s Market Composite Index,
December 12, 2006
Shipping costs are a big factor in the decision to buy online, according to a study done by The Conference Board and TNS, a market research firm. More than 90 percent of consumers surveyed sai
December 4, 2006
Nonresidential construction spending has been flat for the past two months but still has many areas of strength, says Ken Simonson, chief economist for The Associated General Contractors of America.
Despite continuing softness in automobile and housing-related sales, consumer spending in most areas of the country increased in October and early November, and the outlook for holiday sales was “cautiously optimistic,”
December 1, 2006
Manufacturing activity in November declined to its lowest level in 42 months, registering below 50 percent on the Purchasing Managers Index for the first time since April 2003, according to the latest Manufacturing Report on Inde
November 28, 2006
Inflation is still a concern, but over the coming year the U.S. economy should return to a comfortable rate, Federal Reserve Board Chairman Ben Bernanke said Tuesday in a speech to the National Italian American Foundation.
New orders for manufactured durable goods in October dropped 8.3% from September, the biggest decline in more than 6 years, according to data released this week by the U.S. Census Bureau.
October 23, 2006
According to FTR Associates, a leading transportation forecasting and research firm, factors that are likely to affect the overall 2007 economy are currently giving a mixed picture.
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